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president obama is taking aim at republicans, accusing them of blocking a bill that would prevent tax rates to go up for the middle class. fiscal cliff negotiations are now in the hands of just two people. president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence floated. >> reporter: they're using the jobs report right now, the obama administration. a little more fuel. and we are talking about two men now. it comes down to these two guys and a lot of jobs on the line. possible hiring freezes, furloughs if we go over the cliff. now, working for the cuts they will make if we do actually go over the cliff. a diner, middle-class taxpayers and the vice president, telling republicans a deal to extend tax cuts for all but the wealthy is easy. >> the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. >> reporter: not really. even though the two sides are talking, they aren't making much progress. remembe
president obama is taking aim at republicans, accusing them of blocking a bill that would prevent tax rates to go up for the middle class. fiscal cliff negotiations are now in the hands of just two people. president obama and house speaker john boehner. abc's david kerley joins us live with the latest. david, we have a positive jobs report. better than expected. consumer confidence floated. >> reporter: they're using the jobs report right now, the obama administration. a little more fuel....
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Dec 10, 2012
12/12
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congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of cards in regards to the tax issue. >> reporter: some are open to more tax revenues. the two parties seem to be closer on entitlement, with one leading democrats saying he's open to means testing for medicare. >> i do believe there should be means testing. those of us with higher income and retirement should may more. >> reporter: if washington can't reach an agreement, every american will see a tax hike. >> there's going to be a lot of suffering among a lot of people who deserve otherwise. >> reporter: there's 22 days before the c
congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of...
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Dec 6, 2012
12/12
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guns on the debt limit bill you cannot reto it. the consequences will be so clam to us that you cannot veto it. so obama would have capitulated. megyn: that's what simon is saying now. that we shouldn't put the country in that position. >> the only way we'll get action on this debt. we keep spending and spending and raising our debt by $6 trillion every obama term. that's what catastrophic. the republicans need to stick to the boehner rule. a dollar of spending cuts for every dollar in spending increases. why give in on taxes and the fiscal cliff fight when you will have all the leverage. megyn: simon? >> in the rasmussen poll that came out today the republicans lost 10 points since the election in the congressional generic fight. they are losing this economic argument right now. if they pull what mark is saying, you are going to see the republican party's numbers in the 20s. they have no leverage on this thing. >> not going to happen. megyn: we'll leave it at that. thank you both. just ahead. a much more somber note. new warning a
guns on the debt limit bill you cannot reto it. the consequences will be so clam to us that you cannot veto it. so obama would have capitulated. megyn: that's what simon is saying now. that we shouldn't put the country in that position. >> the only way we'll get action on this debt. we keep spending and spending and raising our debt by $6 trillion every obama term. that's what catastrophic. the republicans need to stick to the boehner rule. a dollar of spending cuts for every dollar in...
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Dec 10, 2012
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congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of cards in regards to the tax issue. >> reporter: some are open to more tax revenues. the two parties seem to be closer on entitlement, with one leading democrats saying he's open to means testing for medicare. >> i do believe there should be means testing. those of us with higher income and retirement should may more. >> reporter: if washington can't reach an agreement, every american will see a tax hike. >> there's going to be a lot of suffering among a lot of people who deserve otherwise. >> reporter: there's 22 days before the c
congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of...
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Dec 9, 2012
12/12
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new york, and pat caddell, former pollster for jimmy carter, and doug schoen, a former pollster for bill clinton. gentleman, here is speaker boehner, at the white house, talking to the president today, two days after he said, well, it has been a wasted week. >> it has been a wasted week. the republicans are divided. as the poll numbers suggest very clearly, the republican brand is weak weakening. i believe they are trying to put together something to avoid going over the cliff. speaker boehner has asserted his control over a fractured caucus and bottom line, it remains to be seen whether they can get a deal but i read in the statement, which was identical from the white house and from speaker boehner, they are looking for something big, not small. >>gregg: big would be, the grand bargain that 16 months ago they were on the precipice of and suddenly it didn't happen, so... >> part of the reason it didn't happen speaker boehner was told by the majority leader, cantor, allied with the tea party faction in the house of representatives, you do this deal with obama, you are out as speaker. so,
new york, and pat caddell, former pollster for jimmy carter, and doug schoen, a former pollster for bill clinton. gentleman, here is speaker boehner, at the white house, talking to the president today, two days after he said, well, it has been a wasted week. >> it has been a wasted week. the republicans are divided. as the poll numbers suggest very clearly, the republican brand is weak weakening. i believe they are trying to put together something to avoid going over the cliff. speaker...
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Dec 10, 2012
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bill? bill: steve harrigan with the story out of the miami. we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of cuts in entitlement spending. here is some of that from sunday. >> will i accept a tax increase as a part of a deal to actually solve our problems? yes. >> a for honesty but f for effort. you can't get it done, george. you can't take us off the road to bankruptcy unless you deal with structural reforms to entitlement spending. martha: south carolina republican senator lindsey graham, good to have you in studio. >> great to be here. martha: got out of the craziness of washington for couple days. >> my export expires. martha: you'll need one. talk negotiating tactics. does it make sense at th
bill? bill: steve harrigan with the story out of the miami. we'll see where it goes this week. thank you, sir. martha: president obama and house speaker john boehner met face-to-face for the first time in more than three weeks hoping to hammer out some kind of budget deal for this fiscal cliff situation. this as more republican lawmakers took to the airwaves over the weekend saying they are indeed open to raising taxes but only in return for a plan that would get them a significant amount of...
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Dec 13, 2012
12/12
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for four years, president obama has been spending a lot of money. we've still got an economy growing at best, 2 1/2% in the third quarter. it may be lower than that in the fourth quarter of this year. bill: that is only error in the quiver. we can print money. >> ben bernanke tried everything. now into his fourth round essentially of money printing. this time buying 40 billion in mortgages. 45 million in treasury securities. he will go into a fifth year of money printing. bill: one more point. this move was designed to help the banks anyway, right? feds are buying bad mortgages we're ultimately paying for that. >> 40 billion of this money printing going into the mortgage market. bill: that would help the housing market? >> it is intention, to keep the flenl link housing recovery going by keeping mortgage rates way, way down. bill: i hope you're right. stuart varney, see you at 9:20 on fbn. good deal. over the last four years the federal reserve pumped money into the economy three times. this last announcement marks the fourth round for that. >> ther
for four years, president obama has been spending a lot of money. we've still got an economy growing at best, 2 1/2% in the third quarter. it may be lower than that in the fourth quarter of this year. bill: that is only error in the quiver. we can print money. >> ben bernanke tried everything. now into his fourth round essentially of money printing. this time buying 40 billion in mortgages. 45 million in treasury securities. he will go into a fifth year of money printing. bill: one more...
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Dec 5, 2012
12/12
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bill: president obama will sit down with the nation's top ceos in washington today for new talks on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for
bill: president obama will sit down with the nation's top ceos in washington today for new talks on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal...
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Dec 7, 2012
12/12
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bill: president obama repeats his opposition to the law as michigan becomes the 24th right-to-work state in america. as you see how it is spreading there in blue. steve moore, senior economics writer, "wall street journal." matt mccall, president of penn financial group. gentlemen, good morning to you. steve, what does it mean for michigan? by the way it is not signed into law yet. they have a five-day grace period. what does it mean. >> this story is shocker, bill. we heard about it tuesday. they caught the unions napping. it is huge for michigan. it is old industrial state. epicenter of the old rust belt. my studies and a lot of others show, states of right to work where the jobs are going. we covered that story last year when boeing wanted to move its facility out of washington to south carolina one of the reasons they wanted to do that, bill, because south carolina is a right-to-work state. it is huge for the economic future of michigan. the other point i would like to make, bill, unions say this is anti-worker, when in fact it is exactly opposite. all right to work laws do, people g
bill: president obama repeats his opposition to the law as michigan becomes the 24th right-to-work state in america. as you see how it is spreading there in blue. steve moore, senior economics writer, "wall street journal." matt mccall, president of penn financial group. gentlemen, good morning to you. steve, what does it mean for michigan? by the way it is not signed into law yet. they have a five-day grace period. what does it mean. >> this story is shocker, bill. we heard...
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Dec 10, 2012
12/12
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MSNBC
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joining us is bill daley, former chi of staff to president obama and commerce secretary during the clinton years. thanks very much. great to see you again, bill. well, the word that they -- >> nice to see you again. >> the word that they finally got together one-on-one this weekend, how important is that that they cleared the room of all their seconds? >> i think it's extremely important. we are down to the final three weeks, and as the congressman said, there's a lot to be done in the short period. these are complicated issues. i know a lot of times we want to simplify them, but the fact that the two principles, and it really is the president and the speaker, who will do this deal, spent some time alone having seen the two of them in the past when we went through the 2011 negotiations, they have respect for each other. they like each other. they will be able to do a deal together. i think the meeting yesterday was extremely important. is this a nonstarter for the white house? >> well, i'm not obviously speaking on behalf of the white house, so i think it is -- there are always the options
joining us is bill daley, former chi of staff to president obama and commerce secretary during the clinton years. thanks very much. great to see you again, bill. well, the word that they -- >> nice to see you again. >> the word that they finally got together one-on-one this weekend, how important is that that they cleared the room of all their seconds? >> i think it's extremely important. we are down to the final three weeks, and as the congressman said, there's a lot to be...
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Dec 6, 2012
12/12
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joining me live, ohio congresswoman marcy capfor and new jersey congressman bill pass criminal. he tim geithner says the obama administration is compared to go over the cliff if taxes on the wealthy don't something up. it's our "news nation" gut check. do you agree? [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. >>> hi, everyon
joining me live, ohio congresswoman marcy capfor and new jersey congressman bill pass criminal. he tim geithner says the obama administration is compared to go over the cliff if taxes on the wealthy don't something up. it's our "news nation" gut check. do you agree? [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on,...
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Dec 13, 2012
12/12
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way ahead of president obama at 53%, and the democratic party at 44%. joining me now is former congresswoman ellen. she was also the state department's top arms control official and margaret carlson, political columnist with bloomberg view coming to us from new york. welcome both of you. margaret, what is your take? you've watched, you know, these clips with barbara walters, the interview, and what -- even barbara walters couldn't get more out of her, although she always gets the best answers. she says she wants to watch hgtv, you know, that's home and garden tv, i think, ladies. i don't know. it's beyond me. tell me about this. >> for those that do watch it, yes, that's home and garden, and, by the way, i'm with her, sister. >> i sort of can't see that with these numbers. i mean, clearly, she deserves time off and a good break and a lot of fun and travel if she wants to and no travel, but what do you think she's going to do? >> well, andrea, you and i covered the bhous together, and hillary clinton is a completely different person to me from the way sh
way ahead of president obama at 53%, and the democratic party at 44%. joining me now is former congresswoman ellen. she was also the state department's top arms control official and margaret carlson, political columnist with bloomberg view coming to us from new york. welcome both of you. margaret, what is your take? you've watched, you know, these clips with barbara walters, the interview, and what -- even barbara walters couldn't get more out of her, although she always gets the best answers....
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Dec 10, 2012
12/12
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KPIX
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. >> hopefully it doesn't go to the last day. >> reporter: president obama has asked congress to work through their holiday break if no deal is reached before then. >> both the white house and speaker baner's a office say the line's of communication remain open. the the president will speak to workers at an engine plant near detroit. >>> you may have a little bit more money for the holidays due to gas prices going down. the average price is 3.38. the cheapest in california is 3.42. got to go to stockton into the valley for that. the most expensive down in bakersfield at 3.73. san francisco for once, bakersfield. what's going on there. >> remember a few months ago at $5. >>> today a measure is up for discussion that could increase the supply of smoke free rental housing right here in san francisco. >> supervisor eric mar has proposed legislation that would require landlords to designate parking apartment units as smoking or r snot smoking. the san francisco apartment association say it may support an outright ban on smoking. >>> time now is 4:51, the sour taste of a crab shortage, the
. >> hopefully it doesn't go to the last day. >> reporter: president obama has asked congress to work through their holiday break if no deal is reached before then. >> both the white house and speaker baner's a office say the line's of communication remain open. the the president will speak to workers at an engine plant near detroit. >>> you may have a little bit more money for the holidays due to gas prices going down. the average price is 3.38. the cheapest in...
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Dec 10, 2012
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. >> i'm hopeful it doesn't go to the last day. >> president obama has asked congress to work through their holiday break if no deal is reached before then. now, one more thing to pile on here in addition to those automatic tax hikes and spending cuts. government jobless benefits for the long-time unemployed are set to expire. terrell? >> susan mcginnis starting us off in washington this morning. susan, good to see you. thank you so much. >>> in the midwest, heavy snow is beginning to taper off, but rolling in behind it is bitterly cold temperatures. parts of minnesota have gotten about 16 inches of snow. minneapolis and st. paul declared the first snow emergency, and blizzard and storm warnings have been issued from parts of south dakota to wisconsin. hundreds of accidents have been reported and over 150 flights canceled. >>> overseas the family of the doctor rescued in afghanistan say they're thankful for his safe return. dr. dilip joseph was captured. they sent in a special operations team on monday. one member of the special ops team was killed. president obama said the servicemem
. >> i'm hopeful it doesn't go to the last day. >> president obama has asked congress to work through their holiday break if no deal is reached before then. now, one more thing to pile on here in addition to those automatic tax hikes and spending cuts. government jobless benefits for the long-time unemployed are set to expire. terrell? >> susan mcginnis starting us off in washington this morning. susan, good to see you. thank you so much. >>> in the midwest, heavy...
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Dec 10, 2012
12/12
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KPIX
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a still popular president, barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. >> with us now, republican strategist frank blunt and jody cantor. you wrote a piece in krur column and everybody has been talking about this since, it seems to me that she wants to rest, first of all. i mean, she's had four tough years of which her reputation's gone up. secondly, it seems to me when she faces this decision, it's going to be history, the first woman to run for president. and so the decision becomes inevitable. what's wrong with that idea? what could go wrong in this? >> as we know, everything can go wrong in politics. and the last time she was the presumed presidential front-runner in 2008, things did not go very well for her. one challenge she has now, when you're deciding to run for president, the rest of your life is in kind of limbo. her former aides, she wants to rest, she wants to write a book, she wants to work on behalf of women and girls. but the way that you do all of those things can ch
a still popular president, barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. >> with us now, republican strategist frank blunt and jody cantor. you wrote a piece in krur column and everybody has been talking about this since, it seems to me that she wants to rest, first of all. i mean, she's had four tough years of which her reputation's gone up. secondly, it seems to me when she faces this decision, it's...
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Dec 7, 2012
12/12
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KPIX
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bill plante is at the white house. good morning. >> reporter: good morning. and good morning in the west. the president has stepped up his rhetoric, warning failure to fix the fiscal crisis could sour the christmas season. as another day passed without any real progress, president obama ventured out to push his claim that the middle class will suffer. ♪ you better watch out you better not cry ♪ >> at the national christmas tree lighting, president obama joined the holiday mood. but earlier, visiting a middle class virginia family, he threatened that congress could ruin the christmas season. if it doesn't act, the administration says, middle class tax bills will increase by $2,000. >> we're in the midst of the christmas season. i think the american people are counting on this getting solved. the closer it gets to the brink, the more stress there is going to be. >> reporter: what may raise the stress level even further is the promise that both the president and treasury secretary geithner has made. that is, if tax rates don't rise for top earners, there wil
bill plante is at the white house. good morning. >> reporter: good morning. and good morning in the west. the president has stepped up his rhetoric, warning failure to fix the fiscal crisis could sour the christmas season. as another day passed without any real progress, president obama ventured out to push his claim that the middle class will suffer. ♪ you better watch out you better not cry ♪ >> at the national christmas tree lighting, president obama joined the holiday mood....
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Dec 10, 2012
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CNN
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. >> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> let's talk about this with cnn contributors l.z. granderson and will cain. agree or disagree on gingrich's assessment? >> gingrich sounds like a detroit lions fan. he's so pessimistic heading into the super bowl. i tend to agree. i think a the lot of people i've spoken to inside the administration as well as just kind of political wonks like us, we all think that hillary is going to run and she's going to be an incredible candidate to try to defeat. with that being said, 2016 is a long ways away. we need to get through 2014. we need to get through the fiscal cliff first. i think we're getting ahead of ourselves by saying she's unbeatable, but she's certainly formidable if she decides to run. >> point out that hillary clinton at every step says she's not running. we'll go ahead and talk about it anyway. will, do you agree w
. >> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> let's talk about this with cnn contributors l.z. granderson and will cain. agree or disagree on gingrich's assessment? >> gingrich sounds like a detroit lions fan. he's so pessimistic heading into the super bowl....
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Dec 11, 2012
12/12
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CNNW
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the legislature is about to pass an historic bill that could drastically curb the power of unions in the state. president obama slammed the so-called right to work legislation during a visit there yesterday. >> what we shouldn't donie inii doing is trying to take away your rights to bargain for better working conditions. we shouldn't be doing that. you know, you know, these so-called right to work laws, they don't have to do with economics. they have everything to do with politics. >> to weigh in with her perspective is democratic state senator gretchen whitmer. congressional delegate met with the governor asking him not to sign the legislation. awe peeled directly to president obama. is there anything you can do at this point to stop it? >> i got to tell you the people are outraged not only is this anti-worker and anti-family, the way these republicans are going about it is anti-american. introducing it in a lame duck session at the 11th hour, locking people out of the capitol literally, that's what they did last week and tried to shut off my microphone. it is anti-american the way
the legislature is about to pass an historic bill that could drastically curb the power of unions in the state. president obama slammed the so-called right to work legislation during a visit there yesterday. >> what we shouldn't donie inii doing is trying to take away your rights to bargain for better working conditions. we shouldn't be doing that. you know, you know, these so-called right to work laws, they don't have to do with economics. they have everything to do with politics....
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Dec 12, 2012
12/12
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CSPAN
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obama was not talking about jobs or how to control spending. all he wants is an unlimited debt ceiling increase in he can continue going forward. you will see us continue to fight for those principles. we know that is what will eventually help solve these problems. >> look, what we need -- i guess -- roc but something forward that when to 2 rates. -- 2% rates. we should have raised taxes -- we need a plan that inspires. everyone understands that the tax code is broken. how many of you inc. said the tax code is broken? every hand goes up. think about it. any tax code that says half the population, you do not have to participate in the vein tax, is broken. any tax code that says to american companies we will charge you the highest corporate rate in the world is stupid. it is broken and stupid. you might want to start over. here is what we are for, here is what helps your family. here is how it makes a difference for you personally. this is why it would give more opportunity for your children coming out of college. it has to connect personally wit
obama was not talking about jobs or how to control spending. all he wants is an unlimited debt ceiling increase in he can continue going forward. you will see us continue to fight for those principles. we know that is what will eventually help solve these problems. >> look, what we need -- i guess -- roc but something forward that when to 2 rates. -- 2% rates. we should have raised taxes -- we need a plan that inspires. everyone understands that the tax code is broken. how many of you...
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Dec 13, 2012
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so it is a president obama last signed bill that we are trying to offer an extension of. i reserve my time. the speaker pro tempore: the gentlelady from new york. ms. slaughter: mr. speaker i'm pleased to yield two minutes to the gentleman from minnesota, mr. wauleds. the speaker pro tempore: the gentleman is recognized for two minutes. mr. waums: thank you mr. speaker. -- mr. walz: thank you mechanic. -- mr. speaker. my discharge petition at the zesk a discharge petition the american people spoke loudly in. we faced an election and the message is clear to me, why do you continue to bicker and make these ka bouquet dance statements with one another when it shouldn't be that difficult. we came out of a constitutional convention, when i asked james madison what the secret to this new government was, compromise, compromise, compromise. to sit here and do what we're doing, not bringing this forward and releasing the tension on the middle class, making sure the economy knows there's stability amongst taxes, is holding our economy back. it's insulting to the american people. s
so it is a president obama last signed bill that we are trying to offer an extension of. i reserve my time. the speaker pro tempore: the gentlelady from new york. ms. slaughter: mr. speaker i'm pleased to yield two minutes to the gentleman from minnesota, mr. wauleds. the speaker pro tempore: the gentleman is recognized for two minutes. mr. waums: thank you mr. speaker. -- mr. walz: thank you mechanic. -- mr. speaker. my discharge petition at the zesk a discharge petition the american people...
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Dec 12, 2012
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FBC
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those who will lose their jobs if the president's tax increase goes through, if that happensbarack obama will be responsible, but i will not becomnotbecome -- come comment e economy. i do not want us to go off the fiscal cliff, congress created in a bipartisan way this is the result of the last fiscal cliff. neil: both sides agreed. >> i voted against it, it was a bad idea, why create artificial crises to force action. neil: they did. >> now the country -- now they want to do it again, now let's hurt growth in economy, and cut a deal that hur growth,o from a year from now we'll have a worse fiscal cliff. we have a 16 trillion-dollar debt. these tax increases do nothing to self, you have 200,000 less jobs next year for, that those who vote for that will be held responsible for that decision. neil: is it terrible public policy if you leave off the table. what accounts the majority of spending off the table. if you leave out medicare, and medicaid, and don't even pry to brid up -- try to bring up social security, 8 democratic members and congressmen marked that, d't touch these entitlements
those who will lose their jobs if the president's tax increase goes through, if that happensbarack obama will be responsible, but i will not becomnotbecome -- come comment e economy. i do not want us to go off the fiscal cliff, congress created in a bipartisan way this is the result of the last fiscal cliff. neil: both sides agreed. >> i voted against it, it was a bad idea, why create artificial crises to force action. neil: they did. >> now the country -- now they want to do it...
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Dec 8, 2012
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president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get the debt under control. taxes will not control our debt. >> both sides of the issue. i'm jamie colby, back to cavuto on fox business, only on the fox news channel. >> what's the deal with the guy wearing sunglasses and saying nothing? >> and all over again in michigan, protesting the right to work bill. the scene almost identical to wisconsin last year and that state's battle over collective bargaining and then, what's going on? >> and i think it's always tough for unions to admit they've lost allure. i'm a union man and i know charlie is very fond of unions. we love unions, but we want people to have the right t
president obama going off republicans on the looming fiscal cliff on the weekly radio address. accusing the house of blocking a bill aimed at year end middle tax cuts. >> they put forward an unbalanced plan that lowers rates for the wealthiest americans. >> if we want to protect the middle class, the math didn't work. >> meanwhile, florida senator marco rubio delivering the response, prosperity should come through job creation and smaller debt not taxes. >> we must get...
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Dec 13, 2012
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>> well, bill, the country is broke already, and as soon as we cannot sell our government securities anymore, it's going to come. that's going to come sooner or later. barack obama's put us on a path that's going to make that happen sooner, but both parties are guilty of spending money we don't have. we eve got to make major cuts in the spending. it's not about taxes. it's about outrageous spending that's going to lead to a total collapse of our economy if we don't stop spending. we need to make the cuts. >> where's the most egregious spending? specifically what are you referring to? where's the most egregious spending? >> two examples, right now today in the department of education the average salary of the bureaucrats is $102 per bureaucrat. that's over twice what teachers all across the country makes. >> wow. >> another example is when this recession started there was one bureaucrat in the u.s. department of transportation that made over $170,000 a year. 18 months later, under this administration, there are 1,690 bureaucrats that make over $170,000 a year. we've got to stop that k
>> well, bill, the country is broke already, and as soon as we cannot sell our government securities anymore, it's going to come. that's going to come sooner or later. barack obama's put us on a path that's going to make that happen sooner, but both parties are guilty of spending money we don't have. we eve got to make major cuts in the spending. it's not about taxes. it's about outrageous spending that's going to lead to a total collapse of our economy if we don't stop spending. we need...
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Dec 7, 2012
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just as bill clinton managed to pin the blame for the government shutdown on newt gingrich and put the republicans in retreat, in terms of card playing, president obama has some cards that he can basically lay this off and perhaps it will fall to the blame -- fall on the republicans. that's why we think it could drift over the cliff. >> we'll see. i know you've been a champion of apple all year. we're going to ask you on the countdown if you'd still buy apple at these lower levels. that's still to come later. thank you, my friend. before we go to commercial here, some sad news for the business world and our family here at cnbc. saul steinberg, the father of our maria bartiromo, died earlier today at the age of 73. he was best known for launching a string of takeovers back in the 1980s. he was also an avid art collector and a major benefactor at the wharton school of business at the university of pennsylvania. he leaves behind a wife and five children, including maria's husband, our johnathan steinberg. our sincerest condolences to his family and friends and my dear friend maria, who is
just as bill clinton managed to pin the blame for the government shutdown on newt gingrich and put the republicans in retreat, in terms of card playing, president obama has some cards that he can basically lay this off and perhaps it will fall to the blame -- fall on the republicans. that's why we think it could drift over the cliff. >> we'll see. i know you've been a champion of apple all year. we're going to ask you on the countdown if you'd still buy apple at these lower levels. that's...
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both michelle obama and bill clinton were nominated in the category best spoken word album. good for them. yeah. yeah. true story. michelle was nominated for the audio version of her book american grown, and bill clinton was nominated for the audio version "50 shades of gray." >> "early start" continues right now. >>> breaking news near tokyo. a powerful earthquake hit off the coast. a tsunami warning issued. and then lifted. we go live to japan straight ahead. >>> and the "new york post" photographer who took the picture of the man on the subway tracks before he was hit sits down to tell us his side of the story. we'll hear from him this hour. >>> and imagine a professional football game without kickoffs. it's just one of the suggestions to improve the safety of the game for players. details this hour on cnn. >> i'm curious as to how everybody feels about that. >> welcome to "early start." i'm christine roman by devastating tsunami that killed 15,000 people and caused widespread damage. the tsunami this time hit a place called -- or near a town almost totally devastated in
both michelle obama and bill clinton were nominated in the category best spoken word album. good for them. yeah. yeah. true story. michelle was nominated for the audio version of her book american grown, and bill clinton was nominated for the audio version "50 shades of gray." >> "early start" continues right now. >>> breaking news near tokyo. a powerful earthquake hit off the coast. a tsunami warning issued. and then lifted. we go live to japan straight...
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Dec 10, 2012
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. >> that's the deal that obama says he would come down to, 37. the republicans say raise medicare eligibility. the left is completing freaking out over raising medicare eligibility and the right is freaking out about the tax rates. so they have to decide. the administration is clear that the tax rates have to go up. obama has given in on this before and so there's pressure on him. there's a lot of pressure on house democrats so i think if they can come to some sort of agreement on the rate and if republicans are willing to push the other stuff to next year, that's a deal. i mean -- >> but i think what argues against a big deal that includes any sort of cuts for instance up front on the entitlement side is republicans, if tax -- tax rates are going up either way either because you're going over a cliff or because the president will force you into a deal. they don't want to take responsibility for the economic fallout that comes. so if they agree to a big deal that includes spending cuts their fingerprints are all over it. it's likely they'll send
. >> that's the deal that obama says he would come down to, 37. the republicans say raise medicare eligibility. the left is completing freaking out over raising medicare eligibility and the right is freaking out about the tax rates. so they have to decide. the administration is clear that the tax rates have to go up. obama has given in on this before and so there's pressure on him. there's a lot of pressure on house democrats so i think if they can come to some sort of agreement on the...
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to middle, 37%. >> yes, that is the deal obama has said he'll come down to 37%. and republicans have said, let's raise medicare and, i think it is out there, floating to see how to the base will react and the left is completely freaking out over the raising of the medicare eligibility and i assume the right is freaking out about giving on the tax rates. they have to decide. the administration is clear tax rates have to go up. obama has given in on it before and says there is a lot of pressure on him and the house democrats and, i think if they can come to some sort of agreement on the rate and if republicans are willing to push the other steps to next year, that is a deal. >> i think what argues against a big deal, includes any sort of cuts, for instance, up front on the entitlement side is, republicans -- tax rates are going up either way, this is the thinking among republicans before because you are going over the cliff or because the president has the whip hand and will force you into a deal and they don't want to take responsibility for the economic fallout t
to middle, 37%. >> yes, that is the deal obama has said he'll come down to 37%. and republicans have said, let's raise medicare and, i think it is out there, floating to see how to the base will react and the left is completely freaking out over the raising of the medicare eligibility and i assume the right is freaking out about giving on the tax rates. they have to decide. the administration is clear tax rates have to go up. obama has given in on it before and says there is a lot of...
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Dec 11, 2012
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and right now, john boehner and president obama are miles apart allegedly. it doesn't look like they're gotting any closer. so it's got to go to the house, then gets sent, assuming it passes, to the senate, gets marked up and has to be agreed upon in committees and conference and then eventually gets signed by the president. >> steve: it just takes time. >> eric: there is a holiday. >> gretchen: somebody who had to handle something similarly about a decade ago was rudy guiliani when he was mayor of new york city. he was faced with a circumstance of do i raise taxes? do i cut spending? do i do a combination of both? he was on hannity last night explaining what he ultimately decided to do. >> i was given a report, report said, you have to raise taxes across the board. said nothing about reducing spending. and i said to myself, i wasn't an economic expert then. i became one after being mayor of new york. and i said, this doesn't make sense. if i raise taxes now, i'll have to do it again in two years and then four years, 'cause i'm going to be losing tax base. p
and right now, john boehner and president obama are miles apart allegedly. it doesn't look like they're gotting any closer. so it's got to go to the house, then gets sent, assuming it passes, to the senate, gets marked up and has to be agreed upon in committees and conference and then eventually gets signed by the president. >> steve: it just takes time. >> eric: there is a holiday. >> gretchen: somebody who had to handle something similarly about a decade ago was rudy...
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sending the bill to our children and grandchildren. the president is out there saying, if all we will do is tax, quote, unquote, rich people a little more, we'll solve the problem. well, here are the two problems with his logic. number one, half of this income that he wants to tax is small business income. in the economic studies show 700,000 of our fellow citizens will go from having paychecks to unemployment checks under his plan and as the economy contracts, every american left with a paycheck will see 2% less in it. so that's my first point. the second point is you give the president every single job crushing increase that he wants, gretchen, it runs the government for eight, maybe nine days. you can't solve it there. he's had government grow 20% under his watch. so our revenues have been about level for the last five or six years, but spending has skyrocketed. we're on the verge of being the first generation in america's history to leave the next generation with fewer jobs and fewer opportunities and a lower standard of living. >>
sending the bill to our children and grandchildren. the president is out there saying, if all we will do is tax, quote, unquote, rich people a little more, we'll solve the problem. well, here are the two problems with his logic. number one, half of this income that he wants to tax is small business income. in the economic studies show 700,000 of our fellow citizens will go from having paychecks to unemployment checks under his plan and as the economy contracts, every american left with a...
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it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to the economy. it's weak now, you raise taxes a little bit more, what happens to the economy? >> steve: so many people have been forecasting that the president does raise rates, couple of years ago, he said during a recession, that's the worst time to jack up rates. now we're not technically in a recession, but we're in a very soft edge. >> watch out, steve, 'cause here it comes, a little bit more. >> steve: thank you very much. stuart varney doesn't do show tunes, but does talk about the news of the day and politics and everything over on fox business exactly two hours and two minutes fr
it was bill clinton who pushed it down. now president obama is pushing it way up. yet it would be nice to return to the basis of bill clinton, but that's not what we're doing. we're taking a little bit more here, a little bit more there, a little bit more over there. all to pay for all of this wonderful spending that the president wants. >> steve: maybe in four years when hillary runs for president. you have got to figure that's going to happen. >> i wonder what's going to happen to...
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obama care tax hikes aren't going to just effect your medical bills. they might effect your pets as well. a new rule from the irs shows some medical devices used by vets will be hit by obama care's 2.3% device tax. that likely means higher vet costs because manufacturers will be raising prices. the tax applies to any device that is used for both people and for the pets. i'm trying to read this and look at these little animals. they are so cute. pet owners already spend more than $12 billion a year on vet care. let me tell you i do know that it's expensive to have animals. but they are so worth it. one new mtv show hasn't aired yet and already angered a member of the senate. >> our motto around here is whatever happens, happens. [ laughter ] >> oh my goodness. you are looking at a trailer for mtv's new show you would buck wire set to air on january 3rd. follows a group of young adults from west virginia much like the jersey shore did in new jersey. now a west virginia senator is trying to get it canned. democrat joe manchin has commission of the ftv ins
obama care tax hikes aren't going to just effect your medical bills. they might effect your pets as well. a new rule from the irs shows some medical devices used by vets will be hit by obama care's 2.3% device tax. that likely means higher vet costs because manufacturers will be raising prices. the tax applies to any device that is used for both people and for the pets. i'm trying to read this and look at these little animals. they are so cute. pet owners already spend more than $12 billion a...
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. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come down here to try to see, there a way we with break through the logjam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. >> reporter: and yet house speaker john boehner says the president hat not responded to republicans' latest proposal. >> that offer included significant spending cuts and reforms and it included additional revenue. and frankly, it was the balanced approach that the president has been asking for. >> reporter: perhaps the boehner-obama phone call has moved things along. >> there is lots of activity looking at options. what we don't have is a meeting of the mind. this will require a difficult compromise on all sides to get the job done. >>> also this morning, the developing crisis in syria. unnamed u.s. officials say the syrian army has loaded deadly gas into aerial bombs and is just waiting for orders from president assad.
. >> reporter: president obama says he will not sign a bill without a tax increase on incomes over $250,000. he met with a room full of ceos in washington today. >> i know that many of you have come down here to try to see, there a way we with break through the logjam and go ahead and get things done. and i'm here to tell you that nobody wants to get this done more than me. >> reporter: and yet house speaker john boehner says the president hat not responded to republicans'...
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. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting. the council voted against several bills. matt has more. >> reporter: the mayor appears to be concerned about the budget when it comes to a number of bills passed by the council yesterday and one thing that could put a hole is the plan by the council to lower speed camera fines. it passed last night and even though the mayor said the cameras are about safety, not mean, they generate a lot -- not money, they generate a lot of revenue and they could be close to $100 million the next four years. the mayor claims in total, the council passed bills to reduce the city's funding by $350 million that is over the ne
. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting....